4, ELVERLANDS CLOSE, FERRING, WORTHING, BN12 5PL - £557,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ELVERLANDS CLOSE is a very large detached house of 170m², built sometime between 1950 and 1966, which could now be worth an estimated £711,530. It was last sold for £557,500 in July 2017, which was around 24% above the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

4 ELVERLANDS CLOSE Sold Prices

Land registry data shows two sales for 4 ELVERLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 4 ELVERLANDS CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 28 JUL	£557,500	£450,295	24% above HPI
1997 23 MAY	£118,500	£110,068	8% above HPI

4 ELVERLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 4 ELVERLANDS CLOSE sales from May 1997 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 ELVERLANDS CLOSE be worth now?

4 ELVERLANDS CLOSE might now be worth an estimated £711,530.

This is based on house price inflation of 27.6%, between July 2017 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 4 ELVERLANDS CLOSE of £557,500 on 28th July 2017. For the value to have increased from £557,500 to £711,530 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 4 ELVERLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2017 sale price of £557,500 represented a fair market value for the property.
• The size, condition, and specification of 4 ELVERLANDS CLOSE has not materially changed since July 2017.

How Large is 4 ELVERLANDS CLOSE?

4 ELVERLANDS CLOSE is 170m² according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ferring, and where 4 ELVERLANDS CLOSE lies on this distribution: 87% of detached houses houses are smaller than 4 ELVERLANDS CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ferring.

4 ELVERLANDS CLOSE: Plot and Title Map

4 ELVERLANDS CLOSE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of 4 ELVERLANDS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 ELVERLANDS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 ELVERLANDS CLOSE?

4 ELVERLANDS CLOSE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 4 on ELVERLANDS CLOSE.